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. >> aloha, hawaii. the president is on his way back to d.c. where for him it's about playing small ball with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house without his family to get back to twork mework to meet the loo deadline. mike is at the white house. let's start with you. the consensus around the hill is that we are more likely than n
the holidays in hawaii, his home state. do we know what, if anything, they are doing about that trip? >> reporter: that's not been announced yet, but since the congress is leaving, it would seem -- since the house of representatives, it would follow the president would go to hawaii for a period of time, would be my expectation. he could go sometime in the next few days, and then have christmas with his family, open the gifts in hawaii, and then come back shortly after christmas to try to cobble together a deal quickly before the new year, if that can be done. >> they've got until january 1st to do it. he was in the roosevelt room earlier in the day making a major announcement as well. tell our viewers about that. >> reporter: that's right. he used this opportunity to get one cabinet announcement under his belt. but he waited long enough to let -- it took long enough that susan rice first dropped out under pressure. that left john kerry as the last one standing and it's clear here at the white house the president and his aides expect kerry's confirmation to go very smoothly. you can e
hawaii tonight to come back to d.c. let's speak to a republican from florida. congresswoman, you played a big role in getting a marine out of a nightmarish prison in mexico and back to his family for christmas. first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's
hawaii. we got a new united states senator, senator tim scott. he will be congressman now from south carolina. the first black in the united states senate and will be the only african-american in the united states senate. the first black from the south since 1901. that's the good news. bad news is he has every bit as tea party crazy as jim demint whose place he takes in the senate. we'll bring you more about that and a whole lot more but first here's the latest, today's current news update, lisa ferguson's got it out in los angeles. hi lisa, good morning. >> hey bill. good morning everyone. president obama has another light day on his schedule today. just an afternoon meeting with defense secretary leon panetta. that's after a new fiscal cliff offer is now on the table showing he and speaker boehner could be closer to reaching a deal. the two met at the white house for about 45 minutes yesterday. last night president obama laid out a new compromise. a couple of details for you. the about the has dropped his
, people of hawaii, and all americans in paying final respects to an american patriot and hero. senator ioway was one -- inouye was one of the deluxe senators to ever walk the hallowed halls of this great building. he leaves behind a legacy of public leadership and private kindness that will not be forgotten as long as these walls stand, as long as histories are written. it's fitting he should lie in state beneath the enduring symbol of our democracy, the dome of the capitol. and it's proper he should rest upon the lincoln platform upon which abram ham lincoln, president john f. kennedy, rosa parks, and 26 more of this nation's luminaries have lane in state. -- layne in state. dan inouye was an institution and deserves to spend at least another day in this beautiful building in which he dedicated his life. as the second longest serving senator in our history, dan inouye represented our 50th state from the first day it was admitted to the union. but senator inouye's tradition of service began long before he came to the united states senate . he was just a boy when he heard the war planes
before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal, it will be unpalatable for everyone. >> there was a interchange before the talks broke down. we have the quotes. john boehner said to obama, quote, i put $800 billion in tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall street journal" story before christmas that went through the timeline of how this happened between painer and the president -- boehner and the preside
a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorr
cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal,t will be unpalatable for everyone. >> there was a interchange before the talks broke wn. we have the quotes. john boehner said to obama, quote, iut $800 billio i tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall reet journal" story before christmas that went through the timeline of how this happened between painer and the president -- boehner
the president on vacation in hawaii basically no progress. they understand that rea. eric: when did you know he was going to come back? >> we knew two or three days it was likely he was going to comel back. he wanted to spend family time yesterday and go to the marine base because it was a christmas vacation to thank the troops but they knew pretty quickly was going to have to get back. he is here in sunny hawaii. not just taxes going up, 2 million people unemployed are about a to lose their employment insurance if there is no deal here. the final point i make, ats white house official the president is's going back now tonight, what is on his agenda, what did he dotl differently he couldn't do on the telephone in hawaii?th they have nothing on the schedule yet, they don't know if he will ringleader bring leadere white house.e does he wait until friday? the bottom line is the clock is ticking every single leve levere president has pulled has not worked. eric: thank you very much. the president reported i get that for c free comment, grover norquist joins us now. let's stay on this other thing. t
have to do the right thing. >> aloha, mr. president. he's in hawaii and congress is back home. when will there be a bargain to avert this fiscal cliff? >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. >> the nr appeals a kickback after a group calls for more guns in schools to protect our kids. we'll talk to a mother, herself a victim of gun violence and an organizer with 1 million moms for gun control. >> they can keep pushing us and bumping us and moving us back. >> it's the holidays, you want to get home, but at the same time, what are you going to do? >> on this holiday weekend, thousands of flights delayed and we're watching that as the winter stom wallops the midwest and good day to you. i'm richard lui. the stalled fiscal cliff debate and the january deadline now just ten days away. president obama and his family are vacationing in hawaii and congress is on holiday recess after no new breakthrough and both sides are holding out and they'll be able to reach a deal. >> call me a hopeless optimist
in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction.
military medical center. hawaii has never been a state without inouye in the body. he first served in the house when hawaii joined the union in 1959 moved to the senate in 1962. by the end of his career he was the most senior member or president pro-tem of the senate making him third in line for the presidency. evidences president pro-tem and he was senior member of the majority party. he was behind vice president biden and speaker boehner. patrick lehey next in line. he joined the senate in 1974. in -- inouye this is what he said marking the pearl har dobo attack december 7, 2011. >> the bombing of pearl harbor 7 years ago began a period of my life when i became i hope a good american. it is something that i will never forget. it changed my life forever. something of interest at this moment. i hope that we will remember december the 7th. i hope we will remember 9-11. that was just a few years ago be people are beginning to forget 9-11. if december the 7th is going to teach us anything, it should be that we must remain vigilant at all times. knotted just to avoid war but vigilant a
. >>> president obama is arriving right now in washington, d.c., coming back from hawaii, trading his tropical vacation for the hard reality of the fiscal cliff negotiations. the president called all four congressional leaders last night in an effort to reach a deal, but did that call fall on deaf ears? jared bernstein, former chief economist to vip biden, as well as a contributor. i want to start with the new statement from senator mitch mcconnell's office coming out says last night he called other lead serious. the leader is happy to review what the president has in mind, but to day date the majority has not put forward a plan. jared, is that good they're actually speaking, however far apart as it may sound, at least they're talking? >> it's a bit good. better to be talking than north. the unfortunate thing are the words they're saying. i don't hear much compromise or kind of conciliation in the statements we've heard thus far. i do hear a lot of theatrics, you go first, no you go first. it's strange to say the democrats haven't put forth any legislation on this, because in fact they have. i
to negotiate. president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think tha
. the chair recognizes the gentlewoman from hawaii, ms. hirono, for five minutes. ms. hirono: i stand here today to give tribute to my friend, who is our senior senator, our country's senior senator, daniel inouye. with your passing, my friend, i tell you that no one can fill your shoes. in hawaii we say there are three economic joggers in our state, tourism, defense and senator inouye. and it's true. his work and his unselfishness in serving his state and country are unparalleled. he served our country during war at a time when people who looked like him were not considered american citizens. he did it and served our country honorably sand with respect. with incredible strength and character. he did it because he believed in our -- in what our country should and could be. make our country great. our country above service. our country about our children and our future. our country, honorable. his personal legacy and my home state of hawaii could and will never be matched. never. hawaii will never be able to thank senator inouye for his service and what he's done for us. it is too great to
on whatever the senate can pass, but the senate first must act. " president obama returned early from hawaii today, still pushing to extend tax cuts for the middle class, but raise rates on the well-off. aides said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here
roberts. topping the agenda today president obama mays malalo to hawaii and aloha to washington, d.c. heading back and we're now six days and counting until the country sees the business end of the economic brink and taxes going up for all americans. so far, there's been no call for the house to get back to the hill. senators return to the capitol tomorrow. the question remains krks the president join congress and surf the rough political waters to get a deal in time? >> i think he's doing all he can and calving hell at the same time and there's give, give. i think it's very, very difficult, particularly after boehner's plan "b" failed. >> the key issue i think and the american people are catching on is that the problem that we have is we have a right wing political figure in the house way, way, way out of touch of what the american people are thinking. >>> there's early economic sinls that the uncertainty over the cliff may have clayed the role of scrooge this holiday season. early holiday numbers point to the worst year to year growth since 2008. >>> i think the president is stew
is hawaii. the house is out of session. the senate is adjourned. they are going to coming back on the 27th. that gives them five days. they have been talking about this fiscal cliff for months. last five days and they have to involves more than a trillion dollars and billions of dollars in tax hikes. how can they get it done? they won't. president on friday gave the all clear for members not to do a big package. he said, look, let's do a stopgap. in other words, let's stop everyone from having their taxes go up and do something smaller so on january 1st it's not just this big looming.... >> does that mean the president could offer extend the tax rates for six months and begin negotiating all over again beginning in january, obviously that would be the usual procrastination in washington, is that what you are talking about here? >> i think what will happen, the president will look for ways to gain the most leverage for himself. the conventional wisdom, democrats really gain power if january 1st comes along and everybody's taxes goes up. it brings revenues in the treasury and raises rates on
obama is among the moneyers paying tribute to daniel onoie of hawaii. the senator died at the age of 88 on monday. again, these are live pictures. you are seeing what we're seeing. for 50 years, the senator represented his native hawaii in congress. this is traditional hawaiian music playing. the senator was a world war ii hero. he lost an arm in the war. he was the first japanese- american elected to both houses of congress. tomorrow the senator's body will be returned to hawaii and again, this memorial service happening in washington live. president obama is there. we'll have more details throughout the morning. >>> 7:35. more tears will be shed in connecticut this morning. funerals are being held for five victims of the newtown, connecticut shooting one week ago. a private service is scheduled for mary sherlach. and rachel davino, there will be her funeral. there are also memorial services for grace mcdonnell, dylan and olivia engel. another shooting victim has been held for nancy han za. she was laid to -- lanza. she was laid to rest 120 miles from newtown, connecticut. approximatel
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
: the president's wife and daughters are going to stay in hawaii to continue vacationing. we're told the president may rejoin them or he may not. it all depends on how negotiations progress in the next few days. gregg: well, you know what, peter? there's not lost love between boehner and president obama. are they going to meet? >> reporter: they might, gregg. the speaker is expected to return to washington soon but we still don't know of a specific time set aside on his calendar to meet with the president. actually the last we heard from the speaker he said that since voters in november picked republicans to control the house, he is going to stay true to his party's principles in december in the course of making any kind of a compromise. >> the american people reelected president obama on election day. they also reelected a republican majority here in the house. in doing so they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate to work together to begin solving the massive debt that threatens our country's future. >> reporter: the house a
can't imagine their consciences. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming into the newsroom from senator mcconnell's spokesperson and just wondering what the republicans say they want. they want to review legislation and make decisions how best to proceed. they're waiting for now the white house to make the next move. >> reporter: there is definitely a game of chicken going on where the senate democrats are saying, well we need to know from mcconnell what he is willing to do. mcconnell is saying i will not rubberstamp a plan i haven't seen so you need to lay out a plan. we know from speaker boehner's spokesman he is in ohio. he will let us know
's. it's amazing what soup can do. >>> the president heading back to d.c. from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the senate, all eyes on now, that we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for th
it takes to get to hawaii, the earliest lawmakers would be able to return, harry reid is planning to go to hawaii, is first thing monday morning. that is christmas eve. there is really not a lot of time to bargain. it looks possible, but the politicians could be leading the government has the fiscal cliff. the question is, how the negotiation works, which is key. i think it will end up being something between speaker john boehner, mitch mcconnell, and harry reid. they will have to find something they can pass through the senate and send it to john boehner and john boehner will be able to sell that saying, these guys past it. we have to do this. until there is a deal, this is going to be a blame game of who is at fault for not finding an agreement. the house republicans cannot be stuck with it, which is what i think the statement was indicative of a. host: thank you very much for being with us here on "washington journal." let's take a look at some of your comments. first on the facebook page. let's get to your calls and comments with the fiscal cliff and sequestration. the deadline loom
was a senior member serving his home state of hawaii for half a century. members of congress stood shoulder-to-shoulder at the memorial thursday bowing their heads to honor their colleague as he lay in the capital rotunda. friday, they came together for a somber recollection of a man who represented an era long gone. president obama delivered the eulogy remembering the senator's key role in the investigation of the watergate scandal. >> as i watched those hearings watching him ask those piercing questions night after night, i learned how our democracy was supposed to work. our government of and by and for the people. we have a system of government where nobody is above the law. where we have an obligation to hold each other accountable. >> president obama was not only honoring a public servant who inspired him personally, but paying homage to a past or a functional one. a past that is a flash in the rear-view mirror of this congress because this is the congress of today. >> as you know, the house did not take up the tax bill last night because we didn't have the votes to pass it. it's not t
at the gate of a u.s. military gate in khost province. taliban claimed responsibility. >>> hawaii's governor is expected to announce a replacement for late daniel inouye. today, the democratic party listed three finalists. senator inouye's dying wish was for her to take his place in the senate. >>> the winter storm that hit the middle of the country on christmas day is now spreading east, causing up to 19 tornados, that was a potential christmas day record. >>> the storm is also causing massive flight delays and cancellations. at least 1,176 since yesterday morning, and that number is expected to grow throughout the day. the airports most effected by cancellations, indianapolis, dallas-fort worth, chicago o'hare and washington dulles. >>> the dow has closed reflecting the uncertainty with six days to go before potentially devastating impacts to an already fragile economy. joining me now from new york, congressman jerry natter. thank you so much for being on the program. >> it's a pleasure. >> how much of a worry is there amongst your constituents there in new york city that going over the cl
to hawaii. he never followed through on that. instead police say he put a hockey mask on and headed toward the clackamas town center mall on tuesday afternoon. ended up killing a dedicated hospice nurse and respected former radio executive. critically wounded a 15-year-old girl before he finally committed suicide. it all brings us right to dan simon. he's live from suburban portland this morning. what else do we know about jacob roberts? >> reporter: well, good morning, soledad. his name surfaced less than 24 hours ago so it's still a bit early in the investigation. but the things that you would typically look at, his family life, you know, where he works, his relationships, haven't seen really any obvious signs. investigators say they haven't found a criminal history, no violent past. so at this point things don't really add up. people have been trying to look at his facebook page, esee if there are any clues there. there is a piece of artwork on his facebook page saying follow your dreams. the word "cancelled" stamped over it. could that suggest anything? at this point we don't know that
, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to the senate, and perhaps because of that, some of the pessimism you heard from senator liberman there is shared by replicans. listen. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. gets additional tax revenue for new programs, gets to cut the military and blame republicans for it. >> attention now turns to the senate which will reconvene on thursday. the 27th. house majority leader harry reid now has the task of trying to cobble something together that could perhaps pass the sena
in leading especially in the fiscal cliff, he wouldn't be in hawaii now, he'd be in washington making sure that we had a deal -- gregg: has boehner done his job? >> boehner has done a great job in trying to lead republicans to a solution. gregg: seriously? >> absolutely. gregg: he can't even get a vote on his own plan, come on. >> here's the problem, gregg, is we have a president who basically says it's his way or the highway, and republicans are saying, no, we will raise revenue, but we won't do it at the expense of spending. our problem is a president who loves to spend money, who's now put down another $6 trillion in debt, and basically wants to save a trillion dollars over ten years when he's spending a trillion dollars of money we don't have a year. gregg: you know what, dick? president obama campaigned on the idea of 800 billion in new revenue, and when he won re-election, he suddenly said i'm going to double it. i'm demanding now $1.6 trillion in new revenue. i mean, how do you negotiate with a guy who keeps changing his proposal? >> well, what's interesting is that speaker boehner
. it was 71 years ago today that japan attacked the u.s. military base in hawaii pulling our country into world war ii. in the bay area survivors of the attack will gather a top mount diablo for the annual lighting for the beacon. stay with us for traffic and weather in just a moment. nocke. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. >>> good morning if you plan on takeing the richmond, stuck in lanes as mid span elsewhere if you are out and about along 880 this morning or plan on taking the east shore freeway expect delays. also on westbound 24, southbound not too bad as you work your way are towards hayward. quick look at the bay bridge, getting a little bit better, metering lights on. >>> we are seeing patchy dense fog show
, there is a government plane with a bunch of lawmakers leaving to hawaii for a funeral on sunday. and the way that the schedule is, the earliest they could get back from hawaii is monday morning first thing. >> bill: that's christmas eve. they're not going to do it christmas eve or christmas day. they won't do it the day after christmas. we're into new year's week. >> i think the only way you see any action and i don't know that that results in a deal is if boehner a able to string together the votes to pass a back-up plan. raising taxes or letting -- >> bill: plan b? but dead in the senate. >> sure. but if he passes it, there might be some political pressure to try to do something going forward. but did you hear about all of the rules committee drama last night? >> bill: we don't have time for it. they didn't even bring -- in order to move a bill on the house floor, you have to get a rule to bring it on the floor and they didn't even write the rule for the plan b. they were trying to do a completely different bill and de
in hawaii to make his way back to washington and you can bet he's planning to get back to work on that so-called fiscal cliff as soon as he lands. the goal, to work out a deal that can solve the political gridlock before the new year. the senate will reconvene today. the house, however s not back in session after the failure of speaker john boehner's plan b last week, house members are saying the ball is now in the senate's court. >>> former president george h.w. bush is in the intensive care unit at a houston hospital this morning. according to a statement from the bush family the president has been in intensive care since sunday, after suffering a series of setbacks, including a persistent fever. they also say he's relentlessly positive and spends time talking and joking with his doctors. in the next hour we'll take to you houston for a live update on the president's condition. >>> it's called one of the largest lawsuits of its kind, toyota agrees to a $1.1 billion settlement. we'll tell you who benefits and if one of the people who benefits is you. [ male announcer ] it's that time of
will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate democratic leaders is trying to figure out if the president's scaled back bill can pass congress at the 11th
two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so sure we're getting out
month's payment on any new volkswagen. visit vwdealer.com today. >>> hawaii senator daniel inouye has passed away. the world war ii vet and medal of honor recipient died from respiratory complications. inouye's wife and son were by his side at the walter reed military center. he was a public servant for nearly eight decades running for the senate in 1962 serving nine terms. >>> south carolina governor nikki haley is appointing congressman tim scott to fill the seat of jim demint to become the first black state senator. demint is stepping down to become president of the conservative think tank the heritage foundation. >>> d.c. congresswoman eleanor holmes norton despiting for what she calls the district's respect pushing for a provision in the 2013 defense authorization bill. it would require the armed forces to display d.c.'s flags and the flags of the five territories whenever the flags of the 50 states are displayed. the congresswoman says she never wants anyone in the military to feel singled out after serving their country. >> there are some differences between us and the states,
in washington for the late senator of hawaii. a lot go to hawaii tomorrow for the funeral. the senate will probably be back after christmas. who knows what's going to happen. >> like you said, this is really uncharted territory. who knows how this is going to shake down. all we know is there's 11 days left to figure it out. thanks very much. >> is this a lethal blow to boehner, do you think? >> lethal may be going far. does hurt him. rt question is, can speaker boehner influence his own party in the house? this may weaken his position. >> absolutely crazy. >> you know what looks a heck of a lot like the fiscal cliff negotiations? the hockey season. it's not looking good. the nhl has now canceled games through mid-january because of the labor dispute. more than 600 games have been scrubbed. that's half the league's entire schedule for the year. players can decide today if they want to claim the lockout is illegal and sue owners. that's one more step in this whole mess. who knows when they're going to play hockey again. >> why not cancel the season? >> i think people would love it if th
to hawaii. the president may not go to hawaii -- >> come on. >> oh, stop it right now. >> there's no way. he's got to go to hawaii. it's his home! he was born there whether trump believes it or not. >> majority leader reid says he doesn't believe there will be a deal by christmas. >> partly because of the mechanics. another incentive, we're told if the deal stretches out, if there's no deal, if they're trying to fight over the fiscal cliff in january, senate democrats will be less eager to take on susan rice as the secretary of state nominee. they've said the president would win that fight. they don't want to worry about the massachusetts seat. but if they have all this stuff swap into january. >> a related issue -- >> no, i have a feeling this is not going to be related at all. >> very related. willie, what do you think the life expectancy is in new york city? >> male or female or just overall? >> anybody. what would you think? >> i'll say 81. >> it's 81. >> is it really? >> howard wolfson just tweeted -- >> i made that up. >> move to new york city. it is a remarkable thing. >> thanks. >> t
for the people of hawaii, every single day that he lived, in public service. his love of the state and every hawaiian was so abundantly clear through his massive list of accomplishments, overwhelming list of accomplishments, since hawaii became a state, dan had been working for it as the first congressman ever elected by that state, and only the third senator, and his efforts are clear in his state's roads, bridges, airports, schools, military bases, health care, oceans and almost every aspect of american life that reached to the islands. he played a truly momentous role in making hawaii what it is today. dan and i worked together on the commerce committee for 27 years. i was always -- felt very close to him, i remember sitting with him quietly, maybe sharing a joke when i was lucky enough to be sitting beside him. but most often just listening. he was thinking, waiting for discussion to ripen. he never once spoke just for the sake of it. yet when he did speak, watch out. i watched him a number of times, which i could well recite, when he took an argument that the commerce committee had let
pretty positive the president was flying back from his hawaii vacation, republicans seemed to be in the mood to try to get this done, and they could bridge this gap. but you know, my conversations with some of the republican leaders is that not much was accomplished today. and as you know, john, the clock is ticking. what are we, 72 hours away from going over that cliff? i'm not sure this is going to get resolved right new. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. not being talked about enough. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. -- patients. would this scaled-down proposal save us from economic disaster? >> we've done a tremendous amount of damage to ourselves, embarrassing ourselves around the world. we're
itlowt.com. [ laughs ] hey! >>> the president arrived back at the white house today from hawaii with just five days left to avert the fiscal cliff. joining me now from the white house is nbc's correspondent peter alexander. peter, we have a man and his dog roaming around that white house. what can you tell me about the conflicting reports that the president will be meeting with congressional leaders, boehner, mcconnell, reid, and pelosi tomorrow? >> reporter: that's the most festive image we have seen come from washington, d.c., is the president with his cute dog outside the rose garden, but frankly, karen, the political paralysis still exists here right now. there were reports earlier today that you noted coming from the hill, scott brown among others saying the white house was sending up a new proposal. the white house says that's certainly not the case. there were reports the white house was inviting all four congressional leaders here to the white house for a private meeting tomorrow to try to push this thing through to avert the fiscal cliff. the white house says as of this moment there is no
was just named the next senator from hawaii. back to "hardball." >>> welcome back to "hardball." president obama's choice for secretary of state john kerry is expected to sail through his confirmation process, but the president has yet to name his pick for the secretary of defense. that may be because the candidate who is reportedly the white house's top choice chuck hagel could be a powder keg. he's been attacked by neocons. engaging groups like hamas and statements he's said of the israeli lobby in washington. today in the washington post a group of former security advisers all defended hagel saying he is quote, a many of unshankable integrity. far more telling comments over the weekend from influential senators. lindsay graham and the retiring joseph lieberman are hawkish on the national defense and both show trepidation about hagel. here they are. >> a lot of republicans are going to ask him hard questions and i don't think he's going to get many republican votes. i like chuck, but frankly all of them are out of the mainstream and well to the left of the president. i think it'll be a c
the most category? taking into account mortgage size and income. borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, d
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